Airbnb Bookings Jump 52% As Travel Rebounds

Airbnb (NASDAQ:ABNB) beat analysts’ estimates for bookings in the first quarter as travel begins to rebound around the world with the loosening of COVID-19 restrictions.

The San Francisco-based company, which went public last December, reported $10.3 billion U.S. in gross bookings in the three months ended March 31, a 52% increase from the year earlier period and well beyond the $7.57 billion U.S. that analysts had expected.

Airbnb’s revenues rose 5% to $887 million U.S., also beating analyst’s projections. The company’s share price fluctuated in extended trading after closing down 3.2% at $135.75 U.S. on Thursday (May 14).

The surprisingly positive results reflect a big upswing from a year ago, when Airbnb’s bookings plunged 80% after the pandemic shut down most of the world. Travel was one of the hardest hit sectors during the pandemic, but Airbnb saw a swifter recovery than its peers when people started abandoning their city … Read more

Made in Britain: Handcrafted jewellery brand, ‘The Silver Stable’

Last year, Camilla Cottle took the plunge and launched her jewellery brand, The Silver Stable. She talks to us about what inspired her business and some of the challenges she has faced so far.

What is your business all about?

I’m Camilla Cottle and I am the founder of sustainable handcrafted jewellery brand, The Silver Stable in Lancashire. I started making jewellery whilst on maternity leave and my love for silversmithing grew from there. I knew it was what I wanted to do full time. I always dreamt of having my own business and having a career in the food sector at a managerial level, I thought it would be something to do with that. However, once I started silversmithing I knew it was going to be my future.

I have been around horses all my life and after falling in love with silversmithing I knew I wanted to combine … Read more

Avoiding The Three 12 months Life Insurance coverage Transfer Rule

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Starting a small enterprise is complicated, time-consuming and life-altering. Insurance coverage as is understood is generally divided into three main divisions: Life Insurance (dealing with safeguarding life and the chance of mortality and important sicknesses), Common Insurance coverage (dealing with the chance of injury to immovable property, motor, cargo, marine, family, and hearth insurance coverage), health insurance (dealing with danger of illness and disease, and thus covers reimbursements, medical claims, operation of panel medical doctors, cashless hospitalization, co payment and so forth.) The extent of knowledge and range required is totally different in each stream and therefore a Enterprise Analyst has to have a sure demonstrable understanding of the workings of the particular streams within the sector … Read more

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With the skyrocketing value of medical health insurance, small business homeowners are looking for methods to scale back their medical insurance cots. Among the trendiest Huge Policy Fixes today are efforts to rebuild authorities services from the bottom up. The ur-example is the Common Fundamental Revenue, a no-questions-asked month-to-month cash cost to each single American. The idea is to ascertain a degree of basic subsistence beneath which nobody in a civilized nation should be allowed to fall. The venture capital firm Y Combinator is planning a pilot program that might give $1,000 every month to 1,000 low- and middle-revenue individuals. And whereas, yes, it is inspiring that a professional-poor … Read more